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Asked by Rod 11 Aug 2012

I have a 1st private property where current LTV is under 50%. Thinking of buying a 2nd one. Will I be able to get 80% LTV for this 2nd private property ?

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Kelvin Ng · Answer 1 · 2012-08-15T11:38:08+08:00

Kelvin Ng

Replied 15 Aug 2012

Hi Rod,

You will only be able to get a 60% loan.

However, you might want to explore the option of remortaging your first property to fund your 2nd.

However, i might need to speak to you and get bankers to assess before we can advise you further.

Drop me a text if you are keen, i will give you a call back shortly.

Thank you

Kelvin Ng
Orangetee
9386-0900 Read More

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